Tag: European Union

• Saturday, April 13th 2019 - 07:53 UTC

  Hammond admits the idea of a second Brexit referendum is very likely

  

  The idea of a second Brexit referendum is very likely to be put before Britain's parliament again although the government remains opposed to any new plebiscite, the British finance minister said on Friday.

• Saturday, April 13th 2019 - 07:09 UTC

  France calls for more Euro solidarity, otherwise the EU project is “unsustainable”

  

  Widening differences over economic policy among Euro area countries are “unsustainable” and could undermine the currency union itself, French Finance Minister Bruno Le Maire said on Friday.“There isn't enough solidarity in the Euro-zone,” Le Maire told reporters on the sidelines of the International Monetary Fund and World Bank Spring meetings.

• Friday, April 12th 2019 - 10:10 UTC

  May defends the Brexit delay in Parliament, but Euro-skeptics call for her resignation

  

  British Prime Minister Theresa May defended her decision to delay Brexit and seek a compromise exit plan with the opposition Labour Party as one angry lawmaker from her own party stood up in parliament on Thursday and asked her to resign.

• Friday, April 12th 2019 - 10:04 UTC

  Bank of England sees a “window of time” to forge a Brexit consensus

  

  British politicians could now take some time to find a way forward on Brexit, Bank of England Governor Mark Carney said on Thursday, after Prime Minister Theresa May agreed on a delay of up to six months before leaving the European Union.

• Friday, April 12th 2019 - 09:28 UTC

  IMF's Lagarde glad a chaotic Brexit was avoided but warns about a prolonged uncertainty impact

  

  Further uncertainty over Brexit will hinder growth in the UK economy, the head of IMF has told the BBC. Speaking ahead of the agreement of an extension to Article 50, Christine Lagarde warned that businesses and investors will remain hesitant in the coming months. She said any prolonged uncertainty would have a “negative impact”.

• Thursday, April 11th 2019 - 09:45 UTC

  EU27 agree to a Brexit deal six-month extension until October 31

  

  British Prime Minister Theresa May on Thursday agreed to an EU offer of a six-month delay “flexible extension” to Brexit, EU Council President Donald Tusk said. “EU27/UK have agreed a flexible extension until Oct 31. This means additional six months for the UK to find the best possible solution,” Tusk tweeted, at the end of a summit in Brussels.

• Thursday, April 11th 2019 - 09:27 UTC

  “Please don't waste this time”, Donald Tusk tells Britain

  

  European Council President Donald Tusk told Britain on Thursday not to waste the extra time to sort out Brexit after the EU agreed to a second delay to London's departure until Oct.31.

• Thursday, April 11th 2019 - 06:08 UTC

  Over half of Brits want the Brexit final deal to be put to a referendum

  

  More than half of the public would like the UK Government’s final Brexit deal to be put to a referendum, according to a new poll. The Kantar poll found that 51% of Britons would like a referendum to be held on the deal once negotiations between the Government and the EU have come to an end.

• Wednesday, April 10th 2019 - 09:58 UTC

  “My trade wars aren't finished yet”, Trump warns IMF and World Bank spring meetings

  

  
United States president Donald Trump is sending a clear message to the economic policymakers gathering in Washington for the IMF and World Bank's spring meetings: My trade wars aren't finished yet and a weakening global economy will just have to deal with it.

• Wednesday, April 10th 2019 - 09:07 UTC

  China pledges to further open its economy in strategic talks with the EU

  

  China on Tuesday said it would push further to open its economy and deepen ties with the EU, which has grown increasingly wary of Beijing's influence in Europe. EU Council president Donald Tusk hailed Beijing's new commitments at an EU-China summit in Brussels as a “breakthrough” with both sides committed to globalization and pursuing international rules.